By Topic

Using Bayesian Networks to Model Operational Risk of Bank

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Jia-peng Liu ; Sch. of Public Policy & Manage., Tsinghua Univ., Beijing, China ; Rui Liu

Operational risk is the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. It is difficult to model and measure operational risk of bank. The Bayesian network has a great deal of advantage in Modeling and measuring Operational Risk, which is induced by uncertain elements in a complicated system. After review operational risk of bank and Bayesian networks, this paper illustrates how to use Bayesian networks to manage operational risk by examples, include measure risk, casual analysis, and scenario Analysis etc. This paper also gives a Bayesian network model framework of operational risk.

Published in:

Computer and Management (CAMAN), 2011 International Conference on

Date of Conference:

19-21 May 2011